Stop loss hit on EURNZD.

Direction correct, but the ATR based SL was a little tight on this particular move.

But its one trade, we know it works historically, because we have tested and can see the results if we increase it will have a longer term negative effect.

We can not let a recent trade give us 'recency bias' and cause us to change anything.

Regards
Darren
Chart PatternsEURNZDForexfxTechnical IndicatorsSELLshortsignalstrategytradetrendTrend Analysis
More Info here:

link.team-pow.com/1gN7L3

Related publications

Disclaimer